Wednesday 10 February 2016
 
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VW

No emissions scandal compensation scheme in Europe: VW

Volkswagen has said there were no grounds to replicate in Europe a compensation programme it plans for US drivers affected by its diesel emissions scandal, rejecting a demand from the European Union's industry commissioner. &n

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Volkswagen likely to buy back 115,000 cars in US

German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the US as a result of the emissions scandal, a newspaper reported on Thursday. Without citing its sources, Germany's daily Sueddeutsche Zeit

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VW creates US diesel emissions claims programme

Volkswagen of America said it is creating an independent claims program for the owners of nearly 600,000 diesel vehicles that emit up to 40 times legally allowable emissions.   The German automaker said it was na

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C02 cheating has hit new Volkswagen car orders

Volkswagen is facing slowing orders for new cars, with consumers shunning purchases after the automaker admitted this month it understated fuel usage and carbon dioxide (CO2) emissions, VW's top labour representative said on Friday.

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VW cuts capex to $12bn next year as crisis takes toll

Volkswagen said it would reduce its capital spending to no more than €12 billion ($12.8 billion) next year as it grapples with the multi-billion-euro costs of its emissions crisis.   It will increase spendin

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VW cars in Europe fit with devices that cheated US tests

Volkswagen's luxury diesel cars in Europe are fitted with the same software that American regulators say was used to cheat emissions tests in the United States, the carmaker said on Thursday.   US regulators

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VW eyes 20 people responsible for emissions rigging

Volkswagen believes that up to around 20 people were involved in its rigging of diesel-engine emissions tests, a person familiar with the matter said on Thursday.   A source told Reuters earlier this month that m

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VW woes stall $666m sale of Turkish parts supplier

Volkswagen's diesel emissions scandal has stalled the 600 million euro ($666 mln) sale of Turkish parts supplier Teklas Kaucuk, three sources with knowledge of the process told Reuters. Two foreign bidders - US-based Cooper-St

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VW woes stall $666m sale of Turkish parts supplier

Volkswagen's diesel emissions scandal has stalled the 600 million euro ($666 mln) sale of Turkish parts supplier Teklas Kaucuk, three sources with knowledge of the process told Reuters. Two foreign bidders - US-based Cooper-St

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VW looks at whether more vehicles have cheat software

Volkswagen is looking into whether more vehicles contain software capable of cheating diesel emissions tests, it said on Thursday, potentially increasing the cost and disruption of a scandal that has rocked Europe's biggest carmaker.

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